USDC.D Looking bearish as hell here in its Wyckoff distribution range. Compare it to USDT.D and see the similarities. The difference being USDC.D is leading here and weaker, compared with USDT.D. Both still look great for the downside here and its only a matter of time before they roll over and the market runs to new highs! USDC.D: USDT.D: Once this breaks...
Im loving the look of USDT.D right now, it looks so bearish with the recent HTF closes. It looks done for and in the perfect wyckoff distribution. Following the plan to a T, rejecting off the 5.90% level as discussed in the prior analysis where this was a key resistance level from the first PSY event. Price has refused to push to the upper limit of the range,...
Price come into the monthly demand at the $1.8 trillion level and we have since formed range conditions after a selling climax event with a massive volume rejection on the weekly and daily wicks into the monthly demand range as shown on the chart. This was also discussed and noted on 05/08 at the height of the crash where i noted the presence of high volume being...
Price come into the monthly demand at the $1.8 trillion level and we have since formed range conditions after a selling climax event with a massive volume rejection on the weekly and daily wicks into the monthly demand range as shown on the chart. This was also discussed and noted on 05/08 at the height of the crash where i noted the presence of high volume being...
So when we look just at the Global M2 money supply, we can see its increasing and sharply. However, when you look at BTC, BTC is lagging behind, and the increase in M2 Global supply has yet to have an effect on BTC where we would expect to see a price increase as M2 money supply increases. If you compare the M2 Global money supply against S&P500 though, it tells...
So when we look just at the Global M2 money supply, we can see its increasing and sharply. However, when you look at BTC, BTC is lagging behind, and the increase in M2 Global supply has yet to have an effect on BTC where we would expect to see a price increase as M2 money supply increases. If you compare the M2 Global money supply against S&P500 though, it tells...
M2 Money supply Vs BTC Heres the M2 money supply plotted against BTC. As you can see, as US liquidity increases, risk on assets such as BTC increase due to increased liquidity going into risk on assets and markets. M2 Money supply starting to increase again here and curve up after 942 days of sideways/correctionary movement. As M2 supply increases, im...
Heres the global liquidity index mapped against BTC and its past cycle data for reference. Im sure you can spot the positive correlation it has.... When global liquidity increases, risk on assets such as BTC increase due to an influx of new liquidity in money markets. We have been consolidating for 2 years in the global liquidity index in an ascending triangle....
BTC Update: So since my analysis on BTC, price has delivered beautifully and exactly as anticipated from the forecast, having took the internal highs at FWB:65K and into HTF supply from the prior weekly bearish leg and we had the bearish reaction from this area. Price has pushed back into the daily range with a lovely bearish reaction, further fuelled by the...
USDT.D Update: The markets pulling back as expected, this is as USDT.D pulls back into the range with some momentum, creating a bearish pullback in BTC and alts in conjunction with my prior BTC and USDT.D analysis Nothing to be worried about, simply pulling back into the range forming a last point of supply in the distribution range on USDT.D and a last point...
USDT.D Distributing as BTC accumulates.... The Perfect Storm and great times ahead in Q4 are upon us! As BTC sets up in its accumulation range near perfectly aligned to the accumulation schematic i shared prior. USDT.D is setting up near perfectly according to the Wyckoff distribution schematic too, which is no surprise as their relationship is inverse. A...
My thoughts on the crypto market looking at the HTF to the LTF setups playing out in these lows in altcoins. Im thinking we capitulated into HTF key demand levels and SSL in August for the august monthly candle leaving a large downside range in most pairs creating the sellers climax (SC) event with huge volume nodes and wicks, starting the initial phase of the...
The chart is OTHERS.D. Essentially altcoin dominance in the market and an indicator of altcoin strength in the market. Price is respecting a HTF uptrend since 2020, tapping into the HTF trend line which kicked off the prior altcoin seasons in the last cycles on each tap. Price is also coming into the HTF monthly demand range with high volume as price mitigates...
PAAL: PAAL pushed a bit lower with the market, going for the SSL on the prior daily lower low. Its since done a PO3 move, liquidating the lows after creating a range, taking the SSL and aligning bullish in the daily range after mitigating HTF monthly demand in a heavy discount. Nice supporting volume coming in as price hits a heavy discount and key levels and...
This one looks interesting. Not a buyer on it though but its looking nice here. Looks like a nice accumulation profile in development at the range lows and in this deviation. Possible to see this break out to the upside soon given we are seeing some nice moves in alts and the market. We still need to clear levels on BTC and USDT.D first but the markets looking...
ICP had a strong first move in Q4 of 2023, no doubt the next Q4 will be the same, if not better. The next leg up will be glorious, keep an eye on this chart! 🔥 Following HTF bullish structure and orderflow in a bullish channel, having pulled back to the lower channel in a discount whilst coiling up in a falling wedge. Only a matter of time before it breaks...
3 Month Perspective, zoom out 🔎 My overall game plan and outlook on what I’m anticipating from a HTF approach over the coming months based on the technicals and macro environment currently in play.
What I’m anticipating over the next few months. In no way shape or form I can justify higher prices with the worldwide marcros, alongside the clear technicals. Highs taken into premium to continue the HTF trend. Anticipating the weekly swing highs to get taken into key areas of resistance and looking for a market wide reversal from this area in the coming months...